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Showing posts from November, 2024

Is Wall Street Really Buying All the Homes?

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  Is Wall Street Really Buying All the Homes?   Let’s be real –  buying  a home  right now  is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in and snatching up everything in sight. But here’s the thing: that’s mostly a myth. While investors are part of the market, according to  Redfin , they’re a relatively small part: Here’s what that means. Five out of every six homes are being purchased by everyday homebuyers like you – not big investors. So, before you get discouraged, let’s take a look at what’s  really going on . You might be surprised to learn that Wall Street isn’t the competition you may think it is. Most Investors Are Small Mom-and-Pops Most investors aren’t the mega corporations you’ve probably heard about. In fact, many are your ne...

Should You Sell Your House or Rent It Out?

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  Should You Sell Your House or Rent It Out?   When you’re  ready to move , figuring out what to do with your house is a big decision. And today, more homeowners are considering renting their home instead of  selling it . Recent data from  Zillow  shows about two-thirds (66%) of sellers thought about renting their home before listing, with nearly a third (28%) taking that possibility seriously. Compared to 2021, when fewer than half (47%) of homeowners considered renting before selling, it’s clear this trend is on the rise. So, should you  sell your house  and use the money toward your next home or keep it as a rental to build long-term wealth? Let’s walk through some important questions to help you determine the right path for your financial and  lifestyle goals . Is Your House a Good Fit for Renting? Before you decide what to do, it’s important to think about if it would make a good rental in the first place. For instance, if you’re moving ...